PosWallet is transitioning from POSW to a new XSN coin to implement new features like TPoS and Masternode while FazzCoin are moving to ERC-20 token because at the moment there are no miners on their network. Due to these changes, Cryptopia exchange is delisting both coins effective on April 29. As before, in case of PosWallet users are strongly advised to withdraw their funds before April 29 in order to ensure the safety and accessibility of the funds after the removal. The POSW network will stop being supported on May 1 and no issues are expected to happen.
As for FazzCoin, things are looking grim: because the network is not being mined, FAZZ lost its functionality. That means the chances of being able to withdraw the funds to users' personal wallets is quite low. The developers team was contacted and informed of the delisting. Unfortunately, Cryptopia was now informed of the swap, so users are advised to monitor any possible news source about the status of FAZZ coin. That way users will not miss out on the swap if it goes ahead. All complaints regarding the issues with withdrawal should be directed towards the coin developers team.
At the moment of publication, PosWallet market parameters are as follows
- Average price: $0.360340
- Market cap: $15,890,994
- Volume (24H): $9,406
As for FazzCoin, its market indicators are as follows:
- Average price: $0.005357
- Volume (24H): $16